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    AUD/USD: wave analysis on 16.07.2015

    The possibility of a fall remains.

    Assumingly, a development of the third wave of the senior level 3 continues, within which the local correction in a form of the fourth wave iv of 3 is finished and the fifth wave v of 3 is forming. If the assumption is correct and the price does not break out the critical level of 0.7485, the pair continues falling towards 0.7287.

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